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<br /> condemnplon or othe�takin�{oP any pu�t of�ha Propeity.c�e fa canveyanoe in iku of ca�dertuutlon.ue heceby w�i�nod�nd
<br /> �hall be pdd to 1.ender.
<br /> In the evont ot� tota) ulcinj of t1x Pr�oQeriy. the proceeds �h�ll be �pptied to the sums�ecurcd by thts 5ecurity
<br /> in�trument.whether ar not then due.with�ny exa::p�id to Hnmowe�. In the evtnt of�partial�akin�of the�'roperty in
<br /> which the fdr mrktt v�lue of thc Property immaffately beforc the t�lcin�ia oqual to or�rcater than the anwunt of the�tums
<br /> -���- ----, eecurcd by thiY Socurity lnstrument imme+li�tcly befure ti��taking.unles�Bcmawcr and L.enAcr otherwise agrce in wriUn�,
<br /> �he sums a�ecurcd by thi�Security I�c�cument shaU be roduca! by tho �nwunt of tho praoeods multiplied by the followinQ
<br /> fractian: (a)thc 1ota1�m�wnt af thc aums ia:w+ed immeciiatcly before tNe Uiking,divided by(b)the fair market vRlue af the
<br /> - —�--�'°"" Nroperty immodiatety bcforr thc tuking. Any bul�ux:e ahrll br paid tu 8urniwrr. In tl�r evrnt uP a pwti�►{ �Yleing of d�e
<br /> Propert��in which the fair�et value of the Property immodhtely befo�the taking is leas than the amount of the sums
<br /> recurcd immediwtaly befarc the taking, unicss Borrowcr s�nd l.enckr aherwise ngrcc in wriNng or unlesc applic�ble law
<br /> - othervvisc provides,the proceedY ahull be applied tn the wmY se�urCCl by this Secudty Instrument whcthcr or noi tha sums are
<br /> then due.
<br /> U the Property is ub�ndcxied by Borrower,or if,after ndice by I,ender to Borrower that the candemnar offcrs to make
<br /> an award or settle u claim for dxma�es,Borrower f'ails to respond to Lenckr within:�0 days after the date the notice is given,
<br /> Lender is authodud to callect and Apply thc prceceds,ut its opion,either to rc�carntion or repair of the Property or to the
<br /> sums secuced by this Security lnstrument.whether or not then due.
<br /> Unless Lender nnd Horrower otherwise ugree in writing, any applic�tion of proceeds to princip�►1 shal! not extend or
<br /> -� postpone the due da�te of the monthly payrnents referrcd to in parag�aphti 1 und 2 or char�ge the amount of such payments.
<br /> I1. Borrower Not Rekwsed; Forbearance By I.ender Not a Waiver. Extension of the timc for payment or
<br /> modificutian of amortization af the�ums securcd by this Security lnstrument grnnted by Lender to any successor in intercst
<br /> of Borrawer chali na operate to reteasc thc liability of thc original Borrower or Borrawer's successors in interest.i.ender
<br /> +;hall ncx he�equircd to commence proceedings uguinst uny xucceswr in interest or refuse to extend time for payment or
<br /> • otherwise modify amortization of the sums ticcured by this Secu�ily Instrumcnt by reason of any demand made by the original
<br /> Borrower or Borrower�succexsors in intercst. Any fnrbearunc:e by Lender in exercising any ri�ht or rcmedy shall not be a
<br /> .. � ws►iver of or preclude the exercise of uny right or mmedy.
<br /> 12. Successors And Assi��s Baundi Jofnt�nd Several I.IwbiUty;Casigners. The covenants And ogreements of this
<br /> • Security Instrument shall bind und benet7t the�ucresuin and ussigns of L.cncfer and Bon+ower,�ubject to the provlsions of
<br /> � r ptuagraph I7. Borruwer's covenantx and agmementz shull he joint and,everal. Any Aorrower who co-signs this Security
<br /> Instrument but dces not execute the Note: (u)is co-xigning thi�Security Instrument only to mortgage,grant und convey that
<br /> Borrower's interest in thc Property undcr thc trrm+of thi+Security Instrument; (b)is not personully obliguted to pay the sumx
<br /> �' � secured by this Security lnstrument:und(c)u�rec�thut Lrnder und :u�y other Borrower may asrce to extend,modify,farbear
<br /> ^�}3.••w,
<br /> - �t or make uny accommodattons with mgurd to the terms af ibis Security Instntment or the Note without that Borrower's
<br /> =_ '� .;�.+!+'�`�. consent.
<br />__ 13. Loan Charges. If the loun xecured by ihix Security Instrument ix subject to a law which sets maximum loan
<br />'` • :;�;�,;;v;a�„�,,. • chargc;,and ihat lau;i:fin�!!y�intcr�reted sa ttsat the interest nr other loan chatges co!lectcd or ta M collected in conne�tion i
<br /> with the loan exceed the permitted limitz,then: (u)nny xuch lo.m ch•rrge shull lx reduced by the un��ant necessary to rcduce
<br />� �t'.�'"'a �:" �' the churge to the permiued limir,and(bl uny sums ulnady collecled from Borrower which exceeded pc:rmitted limits will be
<br /> '�`.,`' ` • " ': � refunded to Borrower. Lender may chao�c ro make thi.rrfund hy rcducing thc principul owed under the Notc or by making u
<br /> ° � • , ' dimct payment ta Borrower. [f u refund reducex principul,the reduction witl be treuted us u purti:tl prepuyment without Any
<br /> �!� ' � prepayment charge undcr the Note.
<br />- • 14. Notices. Any noticc to Bortowcr providcd tirr in �hi+Sccurity Intitrumcnt xhall bc given by dcli�ering it or by
<br /> � muiling it by�rst clas.mui!unlesz upplicuhle luw myuire.usr of anuther mcthai.The noticc shall he directed to the Property
<br /> � ' ' Addn:ss or any othcr uddn:xs Borci�wcr cic4ignau+by n��tirr u�L�ndcr. Any noticc to Lcndcr.hal! bc given by first clnss
<br /> _-_ ._Y,��,�« mail to Lender's�ddre�s siatrd hcrrin or uny other addmtiti Lendrr drsi�nateti by notice to Borcower. Any notice provided For
<br /> :�.;s in this Sccurity Instrumcnt zhall Ix dcrrncd to havc tkrn givcn to Borrowcr or Lrndcr whcn given as provided in this
<br /> �-.:• puragruph. - .. _
<br /> •�' 15. Governin�I.ax�: Severubility. This Sccurity In�Irunicnt tihall tk govrmcd by federid luw and the luw of the
<br /> juri+diction in which thr Pruperty i,l�xcurd. In thc rvrnt that any provi�ion ur rluu�e c�f thi�Sccurity In,trumrnt or the N�te
<br /> •� �� conflicts with upplicablc I�tw,tiuch ccmtlict�hall nut affect other pn�vi.ion.�if thi.3erurity Imtniment or the Note whinc�an r�-
<br /> �. j • • be given rffect withc�ut the contlicting pruvi�iun. Tii thi� enJ thc provi�iom of thi. Scrurity Instrument und the Notc nm
<br /> '�,, ' dcclared to tx,evcrablc.
<br /> .. 16. Burrower's Copy. Borrower�hall Ik�,ivcn onr r�ml�xmed r��py�if thr Nutr:uid of thi,Srrurity Imtrumrnt.
<br /> 17. Transfer of the Propert�•or u Heneficiul Interert in Bnrrower. If all or any pan uf thc NrciEx ny ur iiny intcrc.t in
<br /> ,� � it i��old or transfcrreJ (ur if u Ixnctici:�l intrrr�t in Nurr���ticr i� .uld ur trantitcrccd and Burruwcr iti not a naturid Exr.on) '
<br /> � .�� • without Lcndrr;prior written roment.Lcndrr m:q•.at it,�iptiun.reyuire imnmdiatr�:�y�»�ne �„ f�uu�>r t�u.�T,,..«ur�a►,y �
<br /> .-. thi,Security In.trumrnt. Howcvcr.thi+u�tiun,hall nut Ik�xerci.�d by LrnJrr if�xrrri�r i�pruhihited by frdcral luw uti of '`"'
<br /> ..;, thrJutcuf thi,Security hi,trununt.
<br /> . � If Lcnder exemixex thi.optiun. Lend�r�h:tll gice Burroacr n�uirr a(accclrratiun. "I�h�nulice�ht�ll pruvidt.��xrritxl of `s
<br /> not Ieti,thun 30 Ja �from the Jatr the notire i,dcli�•�r�d ar mailed ��ithin w•hich Rc,rrower mu,t iv.�Il,um.,rrur�d b thiti �1
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<br /> - . Security In+trument. If Burr��wrr fail. tn pay thetir sum� prior tu thr expir.niun of thi� �xrriod. Lrnder may invoke any �..-
<br /> ' ' remedic.Exm�ittrd by thi.Srcurity Imtnunent�sithuut furthrrn�Nice or demand un li�m•��w�r.
<br /> -° : � 18. Burrower's Iti�ht tu Reinstutc. If Eiurr����rr nie�t,.rrtai�i cumlitiunti. Fi�n•ru��rr.hall havc thr right tu havr �
<br /> L�•„ enforeement ot'thiti Security In.trumrnt cli�r„ntinurd.n am time��rior tu�hr rarlirr��f: l:u S da�•.tor wrh othrr prriixi a, �:-�
<br /> _ • tim�Ic Fauul�� Fonnk�tuciF'mddlc�1uc 1�IF(>R�1 1\S'1'RI'�1F:V'f-•l'ndnnn cm cnant. 9H1U ��de�•d n n �der�� �',
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